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66 Percent of First-time Home Buyers Make a Low Down Payment

Based on information gathered from the REALTORS® Confidence Index Survey in the months of December 2014–February 2015, 66 percent of first-time homebuyers made a down payment of 0 to 6 percent. [1] Although this is a decline from the...

Home Inspection Issues: Major Reason for Contract Terminations

In the February 2015  REALTORS® Confidence Index Survey, NAR asked  REALTORS® what problems they encountered in their most recent contract that either went into settlement or was terminated in the past 3 months.    Among contracts that were terminated...

In What States Do Properties Sell Quickly?

In a monthly REALTORS® Confidence Index Survey, NAR asks REALTORS®  “For the last house that you closed in the past month, how long was it on the market from listing time to the time the seller accepted the buyer’s...

REALTORS® Reported Strong Buyer Traffic in Many States in February 2015

In a monthly REALTORS® Confidence Index Survey, NAR asks REALTORS®: “How do you view buyer traffic in your market?”. The map below shows the buyer traffic index by state. An index above 50 indicates that more REALTOR® respondents viewed...

Unemployment Insurance Claims Continue To Decline in Most States

The number of people losing jobs continues to remain on a downtrend. Initial unemployment insurance claims that were filed during the week that ended March 21 totaled 282,000 (seasonally adjusted), fewer by 9,000 claims from the previous week’s unrevised...